My Top Two Spec Picks for 2023

by Don

121422A-1024x536 My Top Two Spec Picks for 2023As we turn the page on 2022, it’s time to think about what comics we should consider investing in during the upcoming year. 2022 was a tough year for comic book investors, but I think we’re close to hitting the bottom of the market. Without further ado, here are two books ripe for comic speculation in 2023!

Amazing Spider-Man #365: 1st Appearance of Spider-Man 2099

Screen-Shot-2022-12-10-at-9.08.40-PM-198x300 My Top Two Spec Picks for 2023In just over six months, Sony Pictures will release Across the Spider-Verse. The sequel to arguably the best animated movie ever made about any comic book character, Across the Spider-Verse will feature the introduction of Spider-Man 2099, voiced by Oscar Isaac. If Across the Spider-Verse is anywhere near as successful as its predecessor, we may see a spike in the value of Spider-Man 2099’s key issues, including Amazing Spider-Man #365.

Like many modern keys, both of these issues have dropped like rocks after hitting all-time highs during the comic boom of 2021. A CGC 9.8 copy of Amazing Spider-Man #365 hit an all-time high of $562 in April of 2021. On the date of this writing (December 10th), the same book sold for a mere $172 during an auction on eBay. This represents a nearly 70% drop in value just 20 months later.

While many collectors understand the highs of the comic boom were unsustainable, I think the argument could be made that this book has overcorrected. From 2011 through 2019, the annual return on investment for this book was approximately 15%. If this book continued to grow at a 15% annual rate, this book should be worth approximately $220 today. The fact that it’s selling for considerably less than that amount today could be an indicator that it has overcorrected.

Personally, I think $172 is a very good value for this book and it could receive a shot in the arm when Across the Spider-Verse premieres.

Werewolf by Knight #32

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Unlike some other major bronze age keys, I think now is the time to snap up Moon Knight’s first appearance in Werewolf by Knight #32. In my opinion, this book has overcorrected. During a ten-year period from 2009 through 2019, a CGC 8.5 copy of this book was on a tear earning a 25% ROI annually ($276 to $1750). And that was before the comic boom even happened when this book soared to an all-time high of nearly $6,000 in late 2021. Of course, this book has plummeted since then, recently selling for $1,733 just a year later.

If the comic book boom had never happened and this book continued with his historic return of 25% annually, you would’ve expected this book to be worth close to $3,500. Someone recently purchased this book for half of that amount. Personally, I think the buyer got a great deal.

And while the second season hasn’t been confirmed, Moon Knight will return to the MCU. In fact, current rumors have him battling Rama-Tut, a Kang variant in Avengers: Kang Dynasty.

What are your top picks for 2023? Please let us know in the comments section below!

Annual_Membership_Footer My Top Two Spec Picks for 2023*Any perceived investment advice is that of the freelance blogger and does not represent advice on behalf of GoCollect.

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Corbitt December 19, 2022 - 7:14 pm

“Amazing Spider-Man #365: 1st Appearance of Spider-Man 2099”

Will be very nice if you are right about that one as like most collectors I have 5 of CGC 9.8 slabbed. I can then unload them and invest in something Bronze or Silver Age!

As for WWBN32 most of those years of growth except 2009 were during good economic years then rumors and long build up to the series. When the Series aired the feel was a near universal meh. Acting was great, but the plot was sludge-y and ponderous, the worst part was Moon Knight in costume had very limited screen time.

It’s going to be quite a while before the Character is hot again and given the current prices of the key issues the pool of those with that kind of bread is more limited than a ASM265 for example. While it won’t apply to 9.2 and above WWBN32 in grades below 8.5 may be in for a long periods of stagnation.

Sean December 23, 2022 - 4:38 pm

The first appearanve of Moon Knight has plummeted because the speculators have finally come to their senses. Remember, Moon Knight has been around since the 70’s. The character has a long history of being a mostly ignored B-lister. This isn’t Wolverine. This is the character whose first apoearance used to be flopping around in quarter bins! That’s exactly why Werewolf by Night #32 is so hard to find in high grade. Few valued it enough to keep their copies nice. Moon Knight is not an A-list character and his first apoearance should reflect that no matter how hard to find high grade copies are. Speculators went waaaaaay to crazy on this one! I think everyone should sell their copies now before they go down a lot more. Let’s face it…Moon Knight is nothing more than a Batman knock off whose own view obstructing hood isn’t very practical for fighting crime. Yes, the 1980’s Mook Knight series has some great art by Bill Sienkiewicz, but as a character, Moon Knight isn’t very impressive and has only become popular in recent years, mostly due to a ridiculously insane speculator craze buying frenzy. I would avoid buying such a high risk inestment at this point. Plus, people ahould be buying comics for ENJOYMENT, not as merely “investments” to be flipped. That ruins the hobby and causes crashes in value that wouldn’t happen if people were buying what they enjoy rather than buying comics simply to make money.


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